Coffee bean prices are surging, raising the possibility of an affordable coffee crisis for Italians. As climate change hits bean harvests, and supply chains come under pressure from Houthi attacks on Red Sea shipping, the price of an espresso might spike from $1.30 to as high as $2.20, “still charmingly cheap for Londoners or New Yorkers,” the Financial Times noted, “but a shock for Romans.” Barista associations warned that price increases, especially for traditional coffee bars, were inevitable, even though baristas in Italy face social pressures to keep prices low. “Espresso is a necessity — like bread,” one coffee-bar industry representative said. |